Payout Executive

5 days ago

Mumbai Maharashtra, India Be Wealthy Full time

our Company BeWealthy helps 1800+ retail clients and 16 corporates with their insurance needs, managing assets exceeding 28 crores in western India. With a dedicated team of 27, we earned the 2022 IRDA Corporate Agency recognition. Come, be part of the team that is building a comprehensive distribution channel for Life, Health, and Non-Life insurance solutions. A Fast-Growing Company Making an Impact A Great Workplace Equal Opportunity Employer

**Payout Executive**:
**Location**:
Mumbai

**Experience**:
1-5 years

**Job Description**:
**Responsibilities**:

- Manage and oversee all payout processes within the organization.
- Calculation of Rewards and Recognition
- Maintain accurate records of all financial transactions and payouts, ensuring data integrity and compliance with auditing standards
- Analyse payout structures to ensure fairness, competitiveness, and alignment with company goals
- Identify opportunities for process improvement and cost optimization related to payouts.
- Collaborate with the sales and partnership teams to calculate and process payouts to channel partners and distributors.
- Maintain accurate records of channel partner agreements and payout terms.
- Address any payout-related queries and disputes from channel partners on time.
- Coordinate with various departments to establish and maintain a payout schedule for tie-up agreements and contracts.
- Prepare and submit reports on payout activities to management and regulatory authorities as required.
- Communicate payout changes and updates effectively to stakeholders.

**Qualifications and Education**:

- Previous experience in insurance operations, administration, or a similar role is an advantage
- Graduation or any other relevant degree or certification
- Advanced Excel and basic statistics

**Essential Attributes / Soft skills**:

- Ownership
- Communication
- Ability to work independently
- Team player
- Logical Thinking
- Problem-Solving
- Process Orientation
- Self-Starter

  • Mis Executive-agri-fin-corporate(corp)-marketing Branches Operations

    5 days ago

    Mumbai, Maharashtra, India Kotak Mahindra Bank Full time

    Job Category KMBL Degree Level Bachelor s Degree Onboarding Management Coordinate and execute the onboarding process for DMA DSA partners Verify documentation and ensure compliance with internal and regulatory requirements Conduct orientation and training sessions to familiarize new partners with tools processes and expectations Continuously improve the...

  • Business Incentive Analyst

    3 weeks ago

    Mumbai, Maharashtra, India, Maharashtra Hiranandani Financial Services Full time

    The Business Incentive Analyst will be responsible for the accurate calculation, reporting, and timely payout of business incentives across different departments or teams. This role involves working closely with HR, Finance, Sales, and Operations teams to ensure that incentive programs align with company goals and that payouts are made in compliance with...

  • Account Executive

    7 days ago

    Borivali, Mumbai, Maharashtra, India Retail Scan Management Services Pvt. Ltd Full time

    We are Hiring Account Executive Company : Retail-Scan Management Services Pvt Ltd JD: - Follow up with clients for payout processing. - Correctness of Posting of all payment, GST and TDS working and entries (JV & Bank) - Responsible to present SOW in Review Meet - Coordinating with external auditors for various MIS - Responsible for Banking activities -...

  • Back Office Executive

    2 weeks ago

    Kurla, Mumbai, Maharashtra, India Meatwale Full time ₹ 4,80,00,000 - ₹ 6,00,00,000 per year

    Dear Candidates,We have urgent opening in Kurla for Back office Executive.Job Summary: The Back Office Executive will be responsible for handling day-to-day operational activities, ensuring smooth settlement of trades, client account management, compliance with regulatory requirements, and coordination with other teams to support front office operations. Key...

  • Mis Executive

    7 days ago

    Mumbai, Maharashtra, India Retail Scan Management Services Pvt. Ltd Full time

    RETAIL SCAN : ACCOUNTS EXECUTIVE Job Summary: This position is responsible for responsible for managing the day-to-day cash flow of the organization including making invoices, maintaining records of transactions, monitoring expenses, and providing reports to the management for financial analysis. Key Responsibilities: - Follow up with clients for payout...

  • Executive-finance (Accounts Payable)

    1 week ago

    Mumbai, Maharashtra, India StayVista Full time

    **Executive - Finance (Accounts Payable)** **Location**:Mumbai **About Us** StayVista is **India’s largest villa hospitality brand** and has redefined group getaways. Our handpicked luxury villas are present in every famous holiday destination across the country. We curate unique experiences paired with top-notch hospitality, creating unforgettable...

  • MIS Executive-AGRI-FIN-CORPORATE(CORP)-Marketing Branches Operations

    5 days ago

    Mumbai, India Kotak Mahindra Bank Limited Full time

    Job Description Onboarding Management - Coordinate and execute the onboarding process for DMA/DSA partners. - Verify documentation and ensure compliance with internal and regulatory requirements. - Conduct orientation and training sessions to familiarize new partners with tools, processes, and expectations. - Continuously improve the onboarding journey for...

  • (Urgent) Manager

    2 hours ago

    Mumbai, Maharashtra, India TATA CAPITAL Full time

    Job Responsibilities Managing the Securitisation Operations -To manage entire securitisation operational activities Buy-in Sell-out Monthly Payout to Investors- To process monthly payout collection report as and when new deal is executed Direct Assignment PTC deals Regulatory reporting - To verify and process the transactions related to pay in and pay out of...

  • Business Incentive Analyst

    3 weeks ago

    Mumbai, India Hiranandani Financial Services Full time

    The Business Incentive Analyst will be responsible for the accurate calculation, reporting, and timely payout of business incentives across different departments or teams. This role involves working closely with HR, Finance, Sales, and Operations teams to ensure that incentive programs align with company goals and that payouts are made in compliance with...

  • Hiranandani Financial Services

    3 weeks ago

    Mumbai, India Hiranandani Financial Services Full time

    - The Business Incentive Analyst will be responsible for the accurate calculation, reporting, and timely payout of business incentives across different departments or teams.- This role involves working closely with HR, Finance, Sales, and Operations teams to ensure that incentive programs align with company goals and that payouts are made in compliance with...